Relacionar Columnas Forms of Business OrganizationVersión en línea Vocabulary terms por carlos sosa 1 stock 2 partnership 3 preferred stock 4 general partnership 5 charter 6 corporation 7 Sole Proprietorship 8 interest 9 inventory 10 common stock 11 limited life 12 dividend 13 principal 14 limited partnership 15 unlimited liability 16 Bond 17 stockholders or shareholder 18 double taxation business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm unincorporated business owned and operated by two or more share the profits and responsibility for debts. form of business organization recognized by law as a separate legal entity written government approval to establish a corporation taxation of dividends both as corporate profit and as personal income form of partnership where one or more partners are not active in the daily running of the business and have limited responsibility for debts check that transfer a portion of the company profits to stockholders, usually quarterly situation in which a firm cease to exist when an owner dies, quits, or sells the business. formal contract to repay borrowed money with interest from of corporate ownership without vote, in which stockholders get their investments back before common stockholders form of partnership where all partners are equally responsible for management and debts requirement that an owner is personally and fully responsible for all losses and debts of business stock of finished goods and parts held in reserve certificate of ownership in a corporation people who own a share of stock in a corporation payment made for the use of borrowed money most frequently used form of corporate ownership, with one vote per share for stockholder amount borrowed when getting a loan or issuing a bond